Norse Atlantic ASA secures USD 20 million liquidity buffer by shareholder loan
Arendal, Norway, 12 April 2024: Norse Atlantic ASA (the "Company" or "Norse") has secured a USD 20 million revolving credit facility (the "Facility") from its two largest shareholders Scorpio Holdings Limited and B T Larsen & Co Limited, currently holding 21.22% and 18.88% of the Company's issued shares, respectively. B T Larsen & Co Limited is ultimately controlled by Bjørn Tore Larsen, CEO of Norse. The Facility demonstrates the continuing strong support the Company has from its two largest shareholders. The Facility will provide Norse with a liquidity buffer prior to moving into the